Australian Foundation InvesCo Ord
AFI
Australian Foundation InvesCo Ord AFI Strategy
The Company aims to provide shareholders with attractive investment returns through access to a steady stream of fully franked dividends and growth of capital invested. The primary investment goals are: to pay dividends which, over time, grow faster than the rate of inflation; and to provide attractive total returns over the medium to long term. By investing in the Company, shareholders have immediate access to a diversified portfolio numbering around 75 of Australias major companies and to a Board and Investment Committee with extensive investment skills and practical business experience.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Australian Foundation InvesCo Ord News & Analysis
personal-finance
AFIC bosses on its record discount, passive investing and pricey stocks
A triple headwind has seen Australia's biggest LIC swing to a 10% discount and scuppered its relative performance. Management was bullish in an interview with Firstlinks, but is the discount ever likely to close?
stocks
16 ASX stocks to buy and hold forever
In his recent shareholder letter, Warren Buffett mentions several stocks he expects Berkshire Hathaway will own indefinitely, including Occidental Petroleum. We look at ASX stocks that investors could buy and hold forever.
personal-finance
An intriguing theory explaining persistent LIC discounts
The rise of trading discounts in closed-ended funds has challenged investors. Recent research suggests that funds that exhibit high volatility (or beta) tend to trade at larger discounts to their net tangible asset values.
Morningstar Investment Ideas
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Index | Last price | Change | % Change |
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| DAX 40 | 24,251.50 | 281.14 | 1.17% |
| Dow JONES (US) | 44,837.56 | 64.36 | -0.14% |
| FTSE 100 | 9,114.33 | 32.89 | 0.36% |
| HKSE | 25,524.45 | 37.68 | -0.15% |
| NASDAQ | 21,178.58 | 70.27 | 0.33% |
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| NZX 50 Index | 12,936.41 | 25.67 | 0.20% |
| S&P 500 | 6,389.77 | 1.13 | 0.02% |
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